quikr funding

Quikr, India’s leading classified startup is expanding its job hiring platform and has today announced the acquisition of recruitment platform Hiree for an undisclosed amount. Hiree will help Quikr gain some ‘quick’ access into the online recruitment segment.

Hiree, previously known as MyNoticePeriod, is an online job platform which was founded by ex-Yahoo duo Abhijit Khasnis, Manjunath Talwar in 2013. The startup instead of focusing on blue-collar and entry level jobs, aimed for making space for itslef in the white-collar job segment. It currently has over 2,000 employer partners and boasts the completion of over 18 lakh recruiter-jobseeker interactions on its website.

Post-acquisition, Hiree’s job platform will be merged with QuikrJobs and will operate from the company’s headquarters. Quikr believes that this merger will create a leading recruitment platform that will help over 4 million active candidates connect with recruiters across the country. This acquisition will further strengthen QuikrJobs’ offerings to address recruitment needs for the entire spectrum of job categories across industries.

Commenting on the acquisition, Pranay Chulet, Founder & CEO, Quikr said that,

We launched QuikrJobs with an aim to bridge the gap between Bharat and India for the recruitment industry. We have created a successful business model there and it’s now time to level-up.

Quikr’s job platform offers an easy to understand role-based search for both recruiters and job-seekers across full-time, part-time, work-from-home and even work abroad options. And it now believes that access to Hiree’s services like, video resume on the supply side and walk-in management solution on the demand side will instantly boost its hiring platform. The company will also be looking to speed-up the recruitment cycle time by using Hiree’s services.

Manjunath & Abhijit, Founders of Hiree comment on the acquisition of their business saying that,

Joining forces with Quikr allows us to double-up our focus on innovating in recruitment space for both job seekers and our customers. Our customers will now gain the benefits of Hiree’s technology and massive scale of Quikr in parallel.

Tiger Global-backed startup Quikr has recently been on a merger and acquisitions spree, where it has acquired real estate platform ‘Commonfloor‘ and real-estate analytics startup Realtycompass to expand its real-estate classified section ‘QuikrHomes’.

Hiree had raised a sum total of $3.3 million from IDG Ventures India and a host of angel investors, including a $3 million Series A round in January 2015. The company hadn’t raised even a single penny since this previous funding round, over 18 months ago. To survive a bit longer, it also had to lay-off over 80 per cent of its staff six months ago.

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